Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
Jimmy Donaldson - aka MrBeast - was jubilant as he told his tens of millions of TikTok followers about his bid to buy the platform. "I might become you guys' new CEO! I'm super excited!" Donaldson said from a private jet. He then proceeded to promise $10,000 to five random new followers.
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
US President Donald Trump has shown support for Elon Musk potentially buying TikTok and proposed that the US government receive a 50% ownership stake in exchange for operating permits. This comes after Trump temporarily halted TikTok's ban.
After delaying the ban on TikTok President Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok. However, he would want either of them as part of a joint venture with the U.
WASHINGTON – US President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government. “I have the right to make a deal,” Mr Trump said at an event alongside Mr Ellison at the White House on Jan 21.
Last year, then-President Joe Biden signed a law that gave TikTok's China-based parent company ByteDance until 19 January to sell the platform or face a ban in the United States. The legislation addressed concerns about TikTok's links to the Chinese ...